Apple Misses Big on Earnings, Revenue; Shares Tumble

Apple missed big with its fourth-quarter results, a rare feat for the iPhone and iPad maker, which usually topples forecasts.
The miss stunned Wall Street: Apple shares [AAPL 422.24 2.25 (+0.54%) ] tumbled after-hours and were down more than 7 percent at one point. (Click here for the latest [...]

Efforts to calm European stock markets crash, but fail

French bankers and officials scrambled to calm nerves on Thursday after two days of whipsaw trading that saw their banks’ market value fall and rise by billions of euros.By late in the day those efforts appeared to settle markets jittery about the health of French banks and [...]

U.S. stock market upcoming days bounce off lows after claims

Economists looked by MarketWatch had expected the Labor Department to report an increase in initial claims, to 410,000.Trading in U.S. stock futures followed a choppy pattern with investors on edge after the previous session’s plunge, while shares of Cisco Systems Inc. [...]

Barack Obama signals movement on debt fix

U.S. President Barack Obama is to meet Wednesday with senior congressional lawmakers for budget talks, the White House says.
The meeting was scheduled to start at 2:50 p.m. ET.
White House spokesman Jay Carney also signaled a position shift by Obama in a bid to resolve the impasse that has less than two weeks to go before [...]

Stock Market - TSX gains at midday on rising energy prices

 

Canada’s benchmark stock index was showing moderate gains at midday Wednesday as continued gains in the price of oil offset a drop in the price of gold.
The S&P/TSX composite index was ahead by 19 points, or 0.14 per cent, to 13,352, with the financials and energy sectors leading the advance.
The price of crude oil was [...]

Stock buybacks: Buy high price and sell low price

Stock Market: Stock buybacks: That’s what most companies do when they buy their own shares. But how you can avoid the trap.
FORTUNE — In 2006 and 2007 timber giant Weyerhaeuser (WY) conducted one of the biggest share buybacks in its history. It unleashed $800 million to purchase its shares, which were dancing near an all-time [...]

Stock Market : Earnings take center stage

NEW YORK (CNNMoney) — After spending two months focused largely on the state of the U.S. economy, investors will get a chance to turn their eyes back to Corporate America this week.
Several key companies will report their results for the second quarter this week, with investors getting profit reports from Dow members Alcoa (AA, Fortune [...]

Major Stock Market Crash Coming for Stocks by September 2011

The first quarter comes to a close today with major averages at or near multi-year highs. Expect “substantial” further gains for stocks before a “major top” occurs in late summer, says noted forecaster Harry Dent, founder of HS Dent and The Dent Method.
The good news, for those long, is Dent predicts the Dow will trade [...]